- 3 Bedrooms
- 1 Bathrooms
- 1025 ft2
Property Description
Turnkey 3BR rental in Lamesa, TX—fully renovated with modern systems and finishes, leased to a tenant, and delivering immediate cash flow in a low-cost, high-yield market.
Property Details
- 3BR
- 1BA
- 1,025 sf
- Year Built: 1968
- Brick Ranch
- Metal Roof
- Central Heating and Air Conditioning – 2025
- Fenced in backyard
- Carport
- 2024 Taxes (as reported by realtor.com): $1,619
- Water heater manufactured 2023
Completed Scope of Work
- Upgraded electrical panel
- New sewer line to the street
- Installed new central heating and air (furnace and condensing unit)
- Paint on exterior siding
- Installed prefinished metal trim coil fascia
- Paint interior to include walls, ceilings, doors, trim
- New luxury vinyl plank flooring installed throughout
- New baseboard
- Installed new windows
- Replaced lighting throughout
- Replaced plumbing fixtures throughout
- Installed new bathtub
- New tile bathtub surround
- New vanity in bath
- Replaced all door hardware
- New doors and drawer fronts on all cabinets
- Painted kitchen cabinets/installed cabinet hardware
- New solid surface countertops and tile backsplash
- Installed new kitchen sink/faucet
- Installed new range/oven combo
- Installed new microwave
- Replaced all electrical receptacles and switches
- Installed new window blinds
Property Management
- Five16 Properties
- Cost: 10% of Rental Income
- Tenant Placement Fee: $500
Property Id: 2042
Price: SOLD! $ 144,440
Price Info: Rental Income $ 1,300 /mo
Property Size: 1025 ft2
Bedrooms: 3
Bathrooms: 1
Rental Income: $1,300/mo
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